Babytree Group Pre-IPO - Quick Updates from PHIP - Highly Volatile MAU
Babytree Inc (BABYTRE HK) plans to raise US$800m in its Hong Kong IPO, as per media reports. I covered most aspects of the deal in my earlier...
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Babytree Group Pre-IPO - Valuation Estimates - Even the Last Round Might Have Been Too High
Babytree Inc (BABYTRE HK) could be looking to raise as much as US$800m in its planned IPO. I covered most aspects of the deal in my earlier...
607 Views
China Singles Day – Consensus Is Wrong on Chinese Consumers and Consumption
This strength in consumer spending is counter to the views of most Chinese foreign-based analysts. Consumption is much stronger than consensus is...
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IQiyi (IQ): Temporary Headwind in Ad Revenues, But Robust Membership Revenues in 3Q18
* Online ad revenues and the operating margin declined due to FIFA World Cup and government's inspection of all online advertisers' licenses, but...
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Baidu (BIDU): Returning to Hospital Clients Impacted Margin, But Will Bring Growth, 17%~59% Upside
The operating margin of the search business declined in 3Q18 - We believe return to the hospital clients raised marketing expenses. We believe...
603 Views